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20121227
20121227
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it was hurricane sandy, the need to spend on the home; whether it was the tragedy in connecticut, and took away the feel-good factor-- it was a confluence of events that led to a "should have been better" holiday season. >> reporter: a big part of the problem was in the densely populated northeast, where more than a fifth of country's retail sales take place. holiday spending priorities shifted after hurricane sandy as homeowners focused more on repairs than on gifts. also dragging down sales was uncertainty about the so-called fiscal cliff, tax hikes and spending cuts set to take effect next year. if lawmakers don't reach a deal to avoid it, consumers could see higher taxes eating into their paychecks. even online sales suffered. compared to past years of double-digit growth, this year, online holiday sales rose only about 8%, compared to nearly 16% last year. overall, holiday spending accounts for up to 30% of retailers' annual sales, so the disappointing season is a concern for an economy struggling to recover. >> consumers need to have more confidence. consumers need to feel that their jobs
, airports in connecticut and rhode island, on that list also. danielle nottingham, cbs news, reagan national airport, arlington, virginia. >> thank you. >>> and despite the hundreds of canceled flights, no delays at sfo right now. big delays however with caltrain today. some trains were behind more than an hour. caltrain blamed a signalling problem and switched to backup software. right now trains are back on time. >>> former president george h.w. bush is in intensive care tonight. a fever that kept mr. bush in the hospital over christmas has apparently gotten worse. doctors have him on a liquids- only diet. a bronchitis-like cough initially sent the former president, who is 88 years ole, to the hospital on november 23rd. >>> police are allowing families back into an upstate new york neighborhood where a gunman shot and killed two firefighters. police say william spengler started a fire that destroyed 7 homes in the town of webster christmas eve. then he shot at the first responders when they arrived. off duty police got there just seconds after firefighters. >> a round or something impacts
in a crime anyway. >>> meanwhile the connecticut town that was the site of that recent mass shooting is asking people to stop sending gifts for the time being. officials in newtown say they have more items than they can handle including flowers, teddy bears and a lot of signs there. they say they have warehouses full of gifts that they need to process now. united way fund to help the town now has reached $3.5 million. a lot of givers out there. >>> it is 5:50 now. preventing bullying. the simple act that you can teach your kids. >> plus her christmas wish came true. how police nabbed the grinch who stole this puppy. ,, ,,,,,,,,,,,,,, >>> bundle up. it is cold outside. we have temperatures in the 40s now. 42 in santa rosa and 41 in livermore. 41 in concord. we have a nice dry day setting up all across the bay area. and this is what it looks like on the roads. golden gate, bay bridge and san mateo bridge all moving at the limit. we are hearing about closures on the great highway. we'll tell you more about that coming up. >>> kindness may be the key to prevent bullying. a new study of 9
Search Results 0 to 2 of about 3